Civic Intelligence

Independence Pass Foundation

990 • Fiscal year 2014 • EIN 84-1133782

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 10, 2015

PO Box 1700Aspen, CO 81612

(970) 963-4959

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

32nd percentile

-2.7%

Higher net margin than 32% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

70th percentile

$56,680

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 31.5% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

38th percentile

-0.9%

Faster asset growth than 38% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

15th percentile

-20%

Faster revenue growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$516,893

Down $4,783 (-0.9%) from 2013

Net Assets

Down

$516,893

Down $4,783 (-0.9%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Down

$179,931

Down $44,396 (-20%) from 2013

Expenses

Down

$184,714

Down $138,989 (-43%) from 2013

Net Income

Up

-$4,783

Up $94,593 (+95%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $685,890Liabilities 2010: $9,203Net Assets 2010: $676,6872010Assets 2011: $601,355Liabilities 2011: $0Net Assets 2011: $601,3552011Assets 2012: $621,052Liabilities 2012: $0Net Assets 2012: $621,0522012Assets 2013: $521,676Liabilities 2013: $0Net Assets 2013: $521,6762013Assets 2014: $516,893Liabilities 2014: $0Net Assets 2014: $516,8932014Assets 2015: $509,730Liabilities 2015: $663Net Assets 2015: $509,0672015Assets 2016: $470,802Liabilities 2016: $620Net Assets 2016: $470,1822016Assets 2017: $482,006Liabilities 2017: $2,279Net Assets 2017: $479,7272017Assets 2018: $547,139Liabilities 2018: $4,512Net Assets 2018: $542,6272018Assets 2019: $612,676Liabilities 2019: $240Net Assets 2019: $612,4362019Assets 2020: $664,838Liabilities 2020: $0Net Assets 2020: $664,8382020Assets 2021: $729,888Liabilities 2021: $0Net Assets 2021: $729,8882021Assets 2022: $802,718Liabilities 2022: $0Net Assets 2022: $802,7182022Assets 2023: $911,911Liabilities 2023: $0Net Assets 2023: $911,9112023Assets 2024: $1,008,960Liabilities 2024: $0Net Assets 2024: $1,008,9602024

Highlighted filing

2014

Assets$516,893
Liabilities$0
Net Assets$516,893

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KExpenses 2010: $257,4612010Expenses 2011: $236,9032011Expenses 2012: $133,6552012Revenue 2013: $224,327Expenses 2013: $323,703Net Income 2013: -$99,3762013Revenue 2014: $179,931Expenses 2014: $184,714Net Income 2014: -$4,7832014Revenue 2015: $206,777Expenses 2015: $214,603Net Income 2015: -$7,8262015Revenue 2016: $183,384Expenses 2016: $222,269Net Income 2016: -$38,8852016Revenue 2017: $207,765Expenses 2017: $198,220Net Income 2017: $9,5452017Revenue 2018: $240,211Expenses 2018: $177,311Net Income 2018: $62,9002018Revenue 2019: $296,913Expenses 2019: $226,879Net Income 2019: $70,0342019Revenue 2020: $357,859Expenses 2020: $306,271Net Income 2020: $51,5882020Revenue 2021: $320,900Expenses 2021: $252,858Net Income 2021: $68,0422021Revenue 2022: $317,533Expenses 2022: $237,444Net Income 2022: $80,0892022Revenue 2023: $345,874Expenses 2023: $244,371Net Income 2023: $101,5032023Revenue 2024: $393,706Expenses 2024: $303,055Net Income 2024: $90,6512024

Highlighted filing

2014

Revenue$179,931
Expenses$184,714
Net Income-$4,783
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 10, 2015
Return Version
2014v5.0
Gross Receipts
$204,146
Mission and Program Overview

Mission

The mission of the independence pass foundation is to restore and protect the ecological, historical, and aesthetic integrity of the independence pass corridor and to encourage stewardship, safety and appreciation of the pass.

ECOLOGICAL PRESERVATION.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$519,412$515,803▼ $3,609
Land, Buildings, and Equipment, Net$1,514$1,090▼ $424
Accounts Receivable$750--
Total Assets$521,676$516,893▼ $4,783
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$521,676$505,893▼ $15,783
Temporarily Rstr Net Assets-$11,000-
Total Net Assets Fund Balance$521,676$516,893▼ $4,783
Total Liabilities and Net Assets / Fund Balance$521,676$516,893▼ $4,783

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,090$23,712$24,802
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mark FullerExecutive DirectorPT$56,680$56,680

Board Members and Trustees

NameTitle
David HymanPresident
Kristen HenryVice President
Arthur B FergusonBoard Member
Bill GruenbergBoard Member
Bob WadeBoard Member
Gail HolsteinBoard Member
Heidi H HoffmannBoard Member
James D PetersonBoard Member
Joe MelloBoard Member
King WoodwardBoard Member
Debbi FalenderSecretary
PAUL D'AMATOTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$164,955
Program Service Revenue
$0
Investment Income
$598
Other Revenue
$14,378
All Other Contributions
$121,954
Change in Net Assets
$-4,783
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$87,424
Salaries, Compensation, and Employee Benefits$56,680
Total Fundraising Expense$43,461
Professional Fundraising Fees$40,610
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$56,680--$56,680
Other Expenses$45,585--$45,585
Fees for Services Professional Fundraising--$40,610$40,610
Fees for Services Accounting-$11,640-$11,640
Conferences and Meetings$7,353$431-$7,784
Insurance$5,904$1,100-$7,004
Office Expenses$2,095$998$2,851$5,944
Advertising$5,206--$5,206
Travel$1,614--$1,614
Fees for Services Management$1,500--$1,500
Information Technology$723--$723
Depreciation Depletion$115$309-$424
Total Functional Expenses$126,775$14,478$43,461$184,714
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$40,610
Fundraising Gross Income$35,661
Fundraising Direct Expenses$24,215

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ride for the Pass$40,662$35,661$19,790$15,871
Total Events$40,662$35,661$19,790$15,871
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

PRIOR TO FINALIZING FORM 990, the Treasurer performs a first review, the RETURN IS then DISTRIBUTED TO THE BOARD MEMBERS FOR THEIR final REVIEW AND APPROVAL.

Form 990, Part VI, Section B, line 12C

Board members must complete a questionaire annually that requires disclosure of any potential conflicts of interest. This information is maintained by the organization's office and updated as necessary.

Form 990, Part VI, Section C, line 19

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Independence Pass Foundation
EIN
84-1133782
Phone
9709634959
Address
PO BOX 1700, ASPEN, CO 81612

Signing Officer

Name
David Hyman
Title
President
Phone
9709634959
Signed
2015-10-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Hyman
Formed
1989
Legal Domicile
Co
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Reese Henry & Company Inc
Address
400 EAST MAIN STREET SUITE 2, ASPEN, CO 81611
Preparer
Denise Jurgens CPA
Phone
9709253771
Supplemental Narrative

Additional Explanations

Federal Election

For the year ended december 31, 2014, independence pass foundation is making the de minimis safe harbor election under reg. Sec. 1.263(a)-f1(f)

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0519412
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0515803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0164955
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0201200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0147143
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0161287
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0426167
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01100752
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt036220
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt036220
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0598
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01420
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02554
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03601
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06781
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt014954
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0184640
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.71430
IRS990ScheduleA/PublicSupportPY170Pct00.68650
IRS990ScheduleA/PublicSupportTotal170Amt0822856
IRS990ScheduleA/SubstantialContributorsTotAmt0314116
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0201175
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0201200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0147143
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0161287
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0426167
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01136972
IRS990ScheduleA/TotalSupportAmt01151926
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01090
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023712
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt024802
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01090
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0COORINDATE ALL DEVELOPMENT ACTIVITIES
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0200616
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0160006
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0JUDITH OLESEN CONSULTING SERVICES
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt040610
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt035 GAMBA DRIVE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0GLENWOOD SPRINGS
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd081601
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt05001
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt05001
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019790
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RIDE FOR THE PASS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt040662
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt040662
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt035661
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt035661
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015871
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019790
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019790
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0CO
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0CONSULTANT IS ENGAGED TO COORDINATE ALL DEVELOPMENT ACTIVITIES.
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule G, Part I, Line 2b, Column (v)
IRS990ScheduleG/TotalGrossReceiptsAmt0200616
IRS990ScheduleG/TotalNetToOrganizationAmt0160006
IRS990ScheduleG/TotalRetainedByContractorsAmt040610
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR TO FINALIZING FORM 990, the Treasurer performs a first review, the RETURN IS then DISTRIBUTED TO THE BOARD MEMBERS FOR THEIR final REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS MUST COMPLETE A QUESTIONAIRE ANNUALLY THAT REQUIRES DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST. THIS INFORMATION IS MAINTAINED BY THE ORGANIZATION'S OFFICE AND UPDATED AS NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FOR THE YEAR ENDED DECEMBER 31, 2014, INDEPENDENCE PASS FOUNDATION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-F1(F)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FEDERAL ELECTION
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CO
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt011000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0521676
IRS990/TotalAssetsEOYAmt0516893
IRS990/TotalAssetsGrp/BOYAmt0521676
IRS990/TotalAssetsGrp/EOYAmt0516893
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0164955
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt043461
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014478
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0126775
IRS990/TotalFunctionalExpensesGrp/TotalAmt0184714
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0521676
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0516893
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0126775
IRS990/TotalReportableCompFromOrgAmt056680
IRS990/TotalRevenueGrp/ExclusionAmt012044
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02932
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0179931
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0521676

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.39$0.30$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.35$0.24$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.32$0.24$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.32$0.25$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.36$0.31$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.30$0.23$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.54$0.24$0.18$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.21$0.20$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.18$0.22$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.21$0.21$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.18$0.18$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.22$0.32$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.62$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.00$0.60$0.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.01$0.68$0.26